HomeBlogAplenty Icon PublicationHigh forex reserves, low external debt supporting India’s credit rating: Report

High forex reserves, low external debt supporting India’s credit rating: Report

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Oct 4, 2024

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New Delhi: India’s high foreign exchange reserves and low levels of external debt are contributing to its overall credit profiling, said CareEdge Ratings on Thursday, as the rating agency assigned ‘BBB+’ sovereign ratings to India.
Also, the …

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High forex reserves, low external debt supporting India’s credit rating: Report

Oct 4, 2024

Aplenty Icon Publication

New Delhi: India’s high foreign exchange reserves and low levels of external debt are contributing to its overall credit profiling, said CareEdge Ratings on Thursday, as the rating agency assigned ‘BBB+’ sovereign ratings to India. Also, the …

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